Form 4: Babcock & Wilcox Director Joseph Tato Reports Stock Transactions
SEC Form 4 Filing
Director Joseph Tato reports the vesting and acquisition of restricted stock units in Babcock & Wilcox Enterprises, Inc.
Summary
- On May 15, 2025, Joseph Tato, a director of Babcock & Wilcox Enterprises, Inc., reported transactions involving the company's common stock and restricted stock units.
- Tato vested 84,821 restricted stock units, converting them into common stock at a price of $0.83.
- Following this transaction, Tato directly owns 169,088 shares of common stock.
- Additionally, Tato acquired 85,000 new restricted stock units that vest on May 15, 2026, or the date of the next Annual Meeting, whichever is earlier.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, reflecting neutral sentiment as it reports factual transactions.
Future Outlook
The reporting person will receive shares of common stock upon the vesting of restricted stock units in the future.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company leadership.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership of common stock.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of transaction: vesting of 84,821 restricted stock units and acquisition of 85,000 new restricted stock units. |
| 05/16/2025 | Date of signature for the Form 4 filing. |
| 05/15/2026 | Vesting date for the 85,000 restricted stock units, or the date of the next Annual Meeting, whichever is earlier. |
Keywords
Form 4, Babcock & Wilcox Enterprises, Joseph Tato, Director, Stock Transaction, Restricted Stock Units, Common Stock, Vesting
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.